Brazil: Market for Rigid Tubes, Pipes and Hoses, of Other Polymers 2024

Market Size for Rigid Tubes, Pipes and Hoses, of Other Polymers in Brazil

The Brazilian market for rigid tubes, pipes and hoses, of other polymers expanded modestly to $X in 2022, picking up by 2.1% against the previous year. Overall, consumption, however, saw a perceptible curtailment. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market failed to regain momentum.

Production of Rigid Tubes, Pipes and Hoses, of Other Polymers in Brazil

In value terms, production of rigid tubes, pipes and hoses, of other polymers dropped slightly to $X in 2022 estimated in export price. Overall, production, however, showed a noticeable descent. The growth pace was the most rapid in 2013 with an increase of 37%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth remained at a somewhat lower figure.

Exports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Exports from Brazil

In 2022, overseas shipments of rigid tubes, pipes and hoses, of other polymers decreased by -58.2% to X tons, falling for the second year in a row after four years of growth. In general, exports, however, recorded a resilient expansion. The pace of growth was the most pronounced in 2014 when exports increased by 525% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of rigid tubes, pipes and hoses, of other polymers shrank markedly to $X in 2022. Over the period under review, exports, however, showed a mild expansion. The pace of growth was the most pronounced in 2014 when exports increased by 353%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Argentina (X tons) was the main destination for exports of rigid tubes, pipes and hoses, of other polymers from Brazil, accounting for a 64% share of total exports. Moreover, exports of rigid tubes, pipes and hoses, of other polymers to Argentina exceeded the volume sent to the second major destination, Paraguay (X tons), fourfold. The third position in this ranking was held by Bolivia (X tons), with a 3.3% share.

From 2012 to 2022, the average annual growth rate of volume to Argentina stood at +7.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Paraguay (+28.5% per year) and Bolivia (+1.5% per year).

In value terms, the largest markets for rigid tubes, pipes and hoses, of other polymers exported from Brazil were the United States ($X), Argentina ($X) and Paraguay ($X), together accounting for 75% of total exports. Bolivia, Cuba, Chile and Uruguay lagged somewhat behind, together accounting for a further 10%.

In terms of the main countries of destination, Cuba, with a CAGR of +65.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average export price for rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, with an increase of 50% against the previous year. Over the period under review, the export price, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2016 when the average export price increased by 68%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Argentina ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+13.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rigid Tubes, Pipes and Hoses, of Other Polymers

Imports into Brazil

In 2022, imports of rigid tubes, pipes and hoses, of other polymers into Brazil surged to X tons, rising by 70% compared with the previous year's figure. In general, imports posted a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by 150% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of rigid tubes, pipes and hoses, of other polymers soared to $X in 2022. Over the period under review, imports recorded a remarkable increase. The pace of growth appeared the most rapid in 2017 when imports increased by 77% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of rigid tubes, pipes and hoses, of other polymers to Brazil, with a 32% share of total imports. Moreover, imports of rigid tubes, pipes and hoses, of other polymers from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. The third position in this ranking was held by the UK (X tons), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to +21.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+43.0% per year) and the UK (+23.6% per year).

In value terms, the largest rigid tubes, pipes and hoses, of other polymers suppliers to Brazil were the UK ($X), Germany ($X) and the United States ($X), with a combined 51% share of total imports. China, Spain, Oman and Malaysia lagged somewhat behind, together comprising a further 23%.

Malaysia, with a CAGR of +132.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for rigid tubes, pipes and hoses, of other polymers stood at $X per ton in 2022, shrinking by -10% against the previous year. Overall, the import price saw a mild descent. The most prominent rate of growth was recorded in 2016 when the average import price increased by 31% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+15.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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